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Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’

The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more than 22% in 24 hours. дальше »

2020-12-17 18:45


Bitcoin Bulls Defend $17,700, But BTC Still Faces Dangerously Strong Resistance

Bitcoin has faced some intense selling pressure over the past few days, with the response to its recent break below $19,000 being quite bearish This validates the notion that this is a crucial level that the crypto much firmly surmount and flip into support if it is to see any further upside One trader is now noting that, while BTC did rebound off of its key support in the upper-$17,000 region, it still faces multiple […] дальше »

2020-12-10 21:00


Here’s Why Ethereum’s Overnight Plunge May Help Clear a Path to $700

Ethereum was struck hard by the plunge seen yesterday evening by the aggregated crypto market After setting fresh 2020 highs of $495 alongside BTC’s push towards $19,000, the cryptocurrency saw a rapid and unrelenting plunge that sent it to lows of $450 on some trading platforms This 10% decline occurred over the course of a few minutes and sent shockwaves throughout the entire market It has since recovered from these lows and is now consolidating […] дальше »

2020-11-19 23:00


Bitcoin Retreats By $700, Spike Above $18,000 Poses First Potential Peak

Bitcoin price just had its first decent-sized pullback since making it above $16,000. Less than 48 hours later, the cryptocurrency was already trading well above $18,000. In the late-night spike last night, the seemingly parabolic crypto asset touched a new 2020 high of $18,474 on Binance, before falling back to $17,800 where the resistance zone […] дальше »

2020-11-19 17:31


Bitcoin Just Posted Its First Weekly Close Above $11,700 Since 2018

Bitcoin and the aggregated crypto market have remained stable overnight, with bulls attempting to spark another uptrend The benchmark cryptocurrency is once again pushing up towards its long-held resistance around $13,200 If this level is shattered in the near-term, BTC could gain some serious traction that causes its price to rocket higher Where the market trends next will undoubtedly depend somewhat on BTC’s reaction to this level One factor currently working in buyers’ favor is […] дальше »

2020-10-26 21:00


These Factors Suggest Bitcoin is Building Pressure to Make a Massive Move

Bitcoin is once again teetering on the brink of seeing some serious downside, as the cryptocurrency is struggling to hold above its key $9,900 support The benchmark crypto has yet to plunge beneath this level, but the chances of it being broken do appear to be growing by the hour Most investors are anticipating this to result in a move down towards its CME gap at $9,700, which has yet to be filled Filling this […] дальше »

2020-9-9 02:00


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Kazakhstan Plans to Pump Over $700 Million in the Crypto Mining Sector

Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced the government’s interest in investing $714 million in the crypto mining sector. дальше »

2020-9-3 23:00


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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher

Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […] дальше »

2020-8-29 02:00


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Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top

Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target […] дальше »

2020-8-17 19:00


Crypto Tidbits: Goldman Stablecoin, Dave Portnoy Wants Bitcoin, DeFi Boom

Another week, another round of Crypto Tidbits. It’s been a volatile week for the price of Bitcoin and other top digital assets. After our last Crypto Tidbits, the price of the leading cryptocurrency rallied as high as $12,200, then plunged around $1,700 in the span of five minutes in the worst crash since March 13th. Ethereum […] дальше »

2020-8-8 07:00


Investor Greed Signals Bitcoin May Be Topping Despite Strong Monthly Close

Bitcoin was able to post an incredibly strong monthly candle close yesterday This marked the first time that the crypto had closed its monthly candle above $10,700 since mid-December of 2017 Shortly after the close took place, bulls stepped up and allowed BTC to set fresh 2020 highs of $11,800 It did face some heavy selling pressure at these highs that caused its price to see a sharp decline, but it has since stabilized Analysts […] дальше »

2020-8-1 19:00


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These 3 Simple Factors Could Erase Bitcoin’s Current Signs of Strength

Bitcoin is beginning to flash some signs of strength as it starts breaking out of the recently established trading range between $9,00 and $9,300 The crypto could soon make a move to test the resistance that sits towards the top of its long-held trading range This resistance extends from $9,700 to $10,000 BTC’s tempered strength comes as altcoins begin rallying, with some even climbing as much as 100% yesterday Analysts are noting that there are […] дальше »

2020-7-9 02:00


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Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%

Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able to hold above their 50-day […] The post Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85% appeared first on Bitcoin News. дальше »

2020-7-9 16:15


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These Simple Factors Suggest Bitcoin May Soon See a Massive Plunge

Bitcoin has once again extended its long-held bout of sideways trading, as it has now been hovering around $9,700 for the past few days The crypto did decline to lows of $9,400 this weekend, but buyers quickly absorbed the selling pressure that was driving this movement It now appears that there are some factors that suggest a downside movement could be imminent If these factors are enough to shatter a key trendline Bitcoin bulls have […] дальше »

2020-6-9 21:00


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As Bitcoin Desperately Clings To $9k, These Bullish Fundamentals Can Launch BTC Price To $14,000

After rocketing more than 100% off its March lows, bitcoin tumbled on Wednesday by 7%. This move downward came after 50 bitcoin from the Satoshi-era was spent for the first time since August 2017. Some bitcoiners panic-sold on fears that Satoshi had started dumping his coins on crypto exchanges. Bitcoin fell from above $9,700 to […] дальше »

2020-5-22 21:43


Crypto Tidbits: Bitcoin Halving, Reddit Using Ethereum, JP Morgan Dabbles in Crypto

Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week, The cryptocurrency started off the week with a bang, collapsing from ~$9,700, the weekly open price, to a low of $8,100, in a dramatic sell-off that liquidated over $200 million worth of long positions on BitMEX and hundreds of millions of more... дальше »

2020-5-17 07:00


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Renowned Crypto Analyst Teeka Tiwari Positively Highlights Crypterium’s CRPT Token, Calls for 700% Growth

Crypterium, the award-winning crypto bank founded by former VISA GM Steven Parker, and its native token CRPT, just received a resounding recommendation from respected market analyst, Teeka Tiwari.   The Palm Beach Letter editor’s nod comes directly from his detailed, 28-page investment report called The 2020 Phenomenon Playbook, where he ranks CRPT as the #1 crypto investment in the space among other top tokens. дальше »

2020-5-15 17:41


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5 Converging Factors: Bitcoin’s Rally Is Just Starting, Even After 150% Surge

Just seven weeks ago, Bitcoin was trading down in the dumps, at $3,700 after one of the worst trading sessions in the cryptocurrency market ever. In the wake of that move, there were many analysts calling for the crypto market to fall even lower than it had, but digital assets quickly rebounded across the board in a show of resilience. дальше »

2020-5-3 10:00


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Bitcoin Surged Past $9,000, But the Technical Feat Hides a Shocking Twist

This morning, something very important came to pass: Bitcoin’s monthly candle for April finally closed. It was an occurrence closely watched by many crypto traders and investors. At first, many thought the close was decisively bullish; due to the stunning recovery that has transpired over the past few days, April saw Bitcoin entirely negate the losses sustained during March, with the candle closing around $8,700. дальше »

2020-5-1 15:00


Bitcoin is Forming a Bull Cross After Rallying to $6,500; Analysts Now Targeting $7,700

Following a brief selloff that led Bitcoin down to lows of $5,800 overnight, the crypto has been able to post a strong and sustainable rebound that has since led it to climb towards $6,500, with bulls currently attempting to reclaim its previous position within the upper-$6,000 region. It now appears that bulls are in the... дальше »

2020-3-31 02:30